Tandy Leather Factory Stock Piotroski F Score

TLF Stock  USD 4.21  0.01  0.24%   
This module uses fundamental data of Tandy Leather to approximate its Piotroski F score. Tandy Leather F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Tandy Leather Factory. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Tandy Leather financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Tandy Leather Altman Z Score, Tandy Leather Correlation, Tandy Leather Valuation, as well as analyze Tandy Leather Alpha and Beta and Tandy Leather Hype Analysis.
  
At this time, Tandy Leather's Cash Flow To Debt Ratio is most likely to drop slightly in the upcoming years. At this time, Tandy Leather's Operating Cash Flow Per Share is most likely to slightly decrease in the upcoming years. The Tandy Leather's current Average Payables is estimated to increase to about 3.2 M, while PTB Ratio is projected to decrease to 0.60.
At this time, it appears that Tandy Leather's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Tandy Leather Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Tandy Leather is to make sure Tandy is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Tandy Leather's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Tandy Leather's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.631.0568
Way Up
Slightly volatile
Gross Profit Margin0.440.5925
Way Down
Pretty Stable
Total Current Liabilities7.9 M8.9 M
Fairly Down
Slightly volatile
Non Current Liabilities Total4.7 M6.9 M
Way Down
Slightly volatile
Total Assets46.4 M72.1 M
Way Down
Slightly volatile
Total Current Assets33.6 M51.3 M
Way Down
Slightly volatile

Tandy Leather Factory F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Tandy Leather's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Tandy Leather in a much-optimized way.

About Tandy Leather Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

8 Million

At this time, Tandy Leather's Common Stock Shares Outstanding is most likely to decrease significantly in the upcoming years.

Tandy Leather Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tandy Leather from analyzing Tandy Leather's financial statements. These drivers represent accounts that assess Tandy Leather's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tandy Leather's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap51.2M29.0M44.9M35.5M35.5M39.7M
Enterprise Value49.8M31.9M46.4M37.9M32.8M37.7M

Tandy Leather ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tandy Leather's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tandy Leather's managers, analysts, and investors.
Environmental
Governance
Social

About Tandy Leather Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tandy Leather Factory's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tandy Leather using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tandy Leather Factory based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tandy Leather. If investors know Tandy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tandy Leather listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
0.29
Revenue Per Share
8.938
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0292
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.